This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk …. Symmetry in education (both spouses receive an equal amount of education) then acts like an insurance device in case of divorce …

This paper explores inequalities in IQ and economic preferences between children from high and low socio …-economic status (SES) families. We document that children from high SES families are more intelligent, patient and altruistic, as well …

In this paper we investigate how fertility decisions respond to unexpected career interruptions which occur as a … displacement reduces average fertility by 5 to 10% in both the short and medium term (3 and 6 years) and that these effects are … reduction in fertility is not due to the income loss generated by unemployment but arises because displaced workers undergo a …

that a public policy that disregards the effects of parental time on children's human capital entails a welfare loss that …

parental leave from 12 to 24 months for children born on July 1, 1990 or later. We use test scores from the Austrian PISA test …

The interaction between investment in children's education and parental fertility is crucial in recent theories of the … significant negative causal effect of education on fertility, which is robust to accounting for spatial autocorrelation. The …